![]() Appraisals for Estate Settlement by Dan Ferran and AssociatesThe responsibility of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the deceased as promptly and respectfully as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone in bereavement. Attorneys and accountants depend on our ethics when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. There are specific needs for everyone; we comprehend these necessities and are familiar to dealing with all parties involved. In relation to our familiarity in working with attorneys and accountants and different agencies, we create appraisals that definitely meet all expectations. Contact us immediately to discuss your explicit estate appraisal demands and how we can put our business acumen to work for you. Settling an estate commonly depends on an appraisal to determine fair market value for the property in question. We empathize that in this time of loss, acquiring an appraisal report is the furthest thought from your mind. Due to this, often the time of death differs from the date the appraisal is ordered. Our staff is accustomed to the systems and requirements necessary to produce a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms our appraisers to confidentiality, certifying the highest degree of discretion for you and your loved ones. Most people don't realize that the IRS requires information filed to explain the numbers involved in estate sales. Opinions of value shown in documents filed with the the IRS and IN state agencies definitely should be supported by a detailed report as to how the appraiser arrived at his conclusions. Such a report will clearly demonstrate to the IRS that the numbers used are accurate and substantiated. Dan Ferran and Associates ensures an accurate appraisal report, which will give an executor definite facts and figures that will exceed IRS and revenue agency requirements. There's no need to be stressed out when getting an appraisal from us, because we will stand by it no matter what. One of the most essential requirements in an appraisal is an appraiser-backed opinion of value in a comprehensive reason as to how the appraiser came to his conclusion. |